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North American Technology Fast 500

Genetec's CEO, Mr. Pierre Racz, credits the fact that Genetec took a software-centric approach in a hardware-centric industry sector that was ripe for change and the fact that Genetec took the risk of transitioning its OEM business to a more direct model, thus getting closer to its customers, with the company's 897% revenue growth over the past five years. He said, "Successful software design depends on close collaboration and interaction between a handful of talented software designers and an active user population."